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Dubai News Club > Tech > Ubisoft responds to rumors about Tencent’s potential buyout
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Ubisoft responds to rumors about Tencent’s potential buyout

Press Room
Last updated: 2024/10/07
Press Room
Published: October 7, 2024
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Ubisoft is addressing rumors that Tencent is exploring a buyout of the French game publisher — though it isn’t saying much right now. In a statement on Monday, Ubisoft said it “regularly reviews all its strategic options in the interest of its stakeholders and will inform the market if and when appropriate.”

One of the options Ubisoft is considering is taking the company private, according to Bloomberg. Tencent, which currently has about a 10 percent stake in Ubisoft, also owns 49.9…

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